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Fees for service would only benefit major banks: AFG

by • 23 Mar 2018
Introducing fees for service would cause a “major disruption” in the finance industry, be a “clear...READ MORE

PC ‘has erred’ in its approach to brokers: FBAA

by • 23 Mar 2018
The Finance Brokers Association of Australia has told the Productivity Commission that it “has erred in its approach... READ MORE

MFAA hits back at trail and fee-for-service claims

by • 22 Mar 2018
The association has told the Productivity Commission that it has “serious concerns” with a statutory best interests... READ MORE

Commissioner suggests trail could be paid to borrowers

by • 22 Mar 2018
The chairman of the Productivity Commission has restated his concern regarding the payment of trail commission, warning... READ MORE

2 new categories for Australian Broking Awards announced

by • 22 Mar 2018
In recognition of the importance of nurturing new talent in the broking industry, two new awards have been created for... READ MORE

CBA calls for more IO justification

by • 21 Mar 2018
The Commonwealth Bank of Australia has made updates to its broker process when customers choose interest-only... READ MORE

APRA curbs had ‘significant impacts’ on broker relations

by Staff Reporter • 21 Mar 2018
Australia’s mutual banks have argued that macro-prudential measures have created reputation and trust issues and... READ MORE

ANZ admits mortgage remediation was ‘not good enough’

by • 21 Mar 2018
The financial services royal commission has placed ANZ’s remediation program under intense scrutiny, after the bank... READ MORE

Association slams royal commission reporting

by • 21 Mar 2018
The Finance Brokers Association of Australia has called out mainstream media reports on brokers, which it states are... READ MORE

Major banks under the microscope

by • 21 Mar 2018
What do you think of the major banks? Momentum Intelligence, in partnership with The Adviser, is calling on brokers to... READ MORE

Tim Brown resurfaces at innovation group

by Staff Reporter • 20 Mar 2018
Former Vow boss Tim Brown has landed a position as head of financial services markets at Australian tech group... READ MORE

ANZ accused of non-compliance with NCCP

by • 20 Mar 2018
The financial services royal commission has suggested that ANZ is “non-compliant with the National Credit Act,... READ MORE

NAB to host Digital PD Day

by • 19 Mar 2018
The big four bank has invited brokers to tune into its inaugural Digital Professional Development Day, a... READ MORE

New ASIC role aims to ‘build and strengthen’ leadership

by • 19 Mar 2018
The Minister for Revenue and Financial Services has announced that the government will create a new deputy chairperson... READ MORE

Aussie under fire over broker commissions

by • 19 Mar 2018
The royal commission has further interrogated Aussie Home Loans over broker misconduct, this time placing commissions... READ MORE

Major bank to suspend asset finance lending

by • 16 Mar 2018
A big four bank has announced that it will suspend providing new secured asset finance loans to retail customers in... READ MORE

Ex-banker to replace Rasby at YBR

by Staff Reporter • 16 Mar 2018

A former AMP Bank executive has been appointed as general manager of Yellow Brick Road.

READ MORE

FBAA determined to carry torch for broking industry

by • 16 Mar 2018
The head of the industry association has reassured brokers that public perception of the sector is still positive... READ MORE

Regulator warns SMEs to check bank loan contracts

by Adam Zuchetti • 16 Mar 2018
Small businesses with loans of up to $1 million are being urged to check their contracts, as the banking regulator... READ MORE

Non-major announces third-party leadership changes

by Staff Reporter • 16 Mar 2018

A regional bank has today announced a new leadership position within its third-party banking business.

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Royal commission unveils Aussie broker fraud

by • 16 Mar 2018
An Aussie Home Loans broker had his contract terminated for submitting fraudulent documentation for a loan... READ MORE

Leading brokers in WA honoured

by • 16 Mar 2018
The best brokers, BDMs and administrators in Western Australia have been honoured at The Adviser’s Better Business... READ MORE

Home loan demand falls two months in a row

by Staff Writer • 15 Mar 2018
Demand for home loans dropped again in January, according to new data from the Australian Bureau of... READ MORE

Broker slams CBA during commission hearing

by • 15 Mar 2018
The contents of a chain of email communications between a mortgage broker and the Commonwealth Bank have been disclosed... READ MORE

Major bank concedes brokers were ‘bypassing’ mortgage controls

by • 15 Mar 2018
A big four bank has faced another round of questioning before the royal commission over customer expenses, the broker... READ MORE

Taxing property investors ‘not the answer’, says HIA

by Sasha Karen • 14 Mar 2018
Figures from the property industry have argued that taxing investors is not the answer to Australia’s housing... READ MORE

ASIC extends exemption for credit hardship arrangements

by Staff Reporter • 14 Mar 2018
The corporate watchdog has issued Credit (Amendment) Instrument 2018/114, which amends Class Order 14/41 as it applies... READ MORE

RBA highlights competition in mortgage market

by • 14 Mar 2018
Strong growth in the issuance of residential mortgages has been driven by non-major and non-bank lenders, according to... READ MORE

Royal commission reveals allegations of bribery at NAB

by • 14 Mar 2018
Several NAB employees were allegedly “bribed” by third-party introducers, the Royal Commission into Misconduct in... READ MORE

CBA outlines Aussie ‘misconduct’

by • 14 Mar 2018
Commonwealth Bank has outlined instances of alleged “misconduct” identified by its wholly owned subsidiary, Aussie... READ MORE
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